Author: Daniel snow
Representative Sarah McBride reckons with the trans rights movement’s shortcomings, and how to win hearts and minds through a politics of grace. Source link
Dollar edges higher ahead of Fed meeting; BOJ stands pat Source link
An Islamic Revolutionary Guard Corps speed boat sailing along the Persian Gulf during the IRGC marine parade to commemorate Persian Gulf National Day, near the Bushehr nuclear power plant in the seaport city of Bushehr, in the south of Iran, on April 29, 2024.Nurphoto | Nurphoto | Getty ImagesSome shipowners are opting to steer clear of the strategically important Strait of Hormuz, according to the world’s largest shipping association, reflecting a growing sense of industry unease as the Israel-Iran conflict rages on.Israel’s surprise attack on Iran’s military and nuclear infrastructure on Friday has been followed by four days of escalating…
Asia FX dips as Israel-Iran concerns grow; yen firms after BOJ Source link
“Gold’s key advantage is that it is no one else’s liability,” said Nikos Kavalis, managing director at Metals Focus.Sven Hoppe | Picture Alliance | Getty ImagesSINGAPORE — Gold has claimed the safe haven crown. With spot prices surging 30% so far in 2025, bullion’s gains are outpacing that of other traditional safe havens such as the Japanese yen, Swiss franc, and U.S. Treasurys — compelling investors to rethink what true safety looks like in the face of fiscal sustainability concerns and looming wars.At the heart of gold’s appeal is its freedom from government liabilities, market experts gathered at the annual…
KANANASKIS, ALBERTA – JUNE 16: (L-R) Italian Prime Minister Giorgia Meloni, French President Emmanuel Macron, Canadian Prime Minister Mark Carney, U.S. President Donald Trump, British Prime Minister Kier Starmer, German Chancellor Friedrich Merz, European Union Commission President Ursula von der Leyen, European Union Council President Antonio Costa and Japanese Prime Minister Shigeru Ishiba participate in a meeting at the G7 Leaders’ Summit on June 16, 2025 in Kananaskis, Alberta. Chip Somodevilla | Getty ImagesGroup of Seven leaders on Tuesday affirmed unified support for Israel and called for a resolution to the escalating regional tensions, as it trades military strikes with…
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023.Richard A. Brooks | Afp | Getty ImagesJapan’s central bank on Tuesday said it would slow the pace of government bond purchases from April next year, while it also held its benchmark rate at 0.5% amid rising growth risks.The Bank of Japan, whose rate decision was in line with expectations from economists polled by Reuters, reiterated it would continue reducing its monthly purchases of Japanese government bonds by about 400 billion yen ($2.76 billion) per quarter to about 3 trillion yen until March 2026,…
Illustration of the SK Hynix company logo seen displayed on a smartphone screen.Sopa Images | Lightrocket | Getty ImagesShares in South Korea’s SK Hynix extended gains to hit a more than 2-decade high on Tuesday, following reports over the weekend that SK Group plans to build the country’s largest AI data center.SK Hynix shares, which have surged almost 50% so far this year on the back of an AI boom, were up nearly 3%, following gains on Monday. The company’s parent, SK Group, plans to build the AI data center in partnership with Amazon Web Services in Ulsan, according to domestic…
Anton Petrus | Moment | Getty ImagesJapan, renowned for its pacifist constitution, is now setting its sights on the global arms exports market.Defense Minister Gen Nakatani earlier this month told Nikkei that he wanted to promote Japan’s defense exports, signaling a clear shift in the country’s arms policy, which has so far been largely restricted to catering to the Japan Self-Defense Forces, or JSDF.Prime Minister Shigeru Ishiba has also signaled sharper focus on the defense sector and became the first sitting prime minister to attend DSEI Japan, the country’s largest defense exhibition. While the shift in stance comes at a…
U.S. Senate Majority Leader John Thune (R-SD) speaks at a press conference following the U.S. Senate Republicans’ weekly policy luncheon on Capitol Hill in Washington, D.C., U.S., June 10, 2025. Kent Nishimura | ReutersAs Senate Republicans release key details of President Donald Trump’s spending package, some provisions, including the federal deduction for state and local taxes, known as SALT, remain in limbo.Enacted via the Tax Cuts and Jobs Act, or TCJA, of 2017, there’s currently a $10,000 limit on the SALT deduction through 2025. Before 2018, the tax break — including state and local income and property taxes — was unlimited for filers…